Pakistan Government Debt: % of GDP

2000 - 2025 | Yearly | % | CEIC Data

Key information about Pakistan Government Debt: % of GDP

  • Pakistan Government debt accounted for 68.4 % of the country's Nominal GDP in Jun 2025, compared with the ratio of 65.4 % in the previous year.
  • Pakistan government debt to GDP ratio data is updated yearly, available from Jun 2000 to Jun 2025.
  • The data reached an all-time high of 73.5 % in Jun 2020 and a record low of 41.4 % in Jun 2007.

*This indicator will be no longer available from March 2026, 4th onwards. CEIC has a plan to remove the non-standard frequency indicator after the standard frequency indicator has been added and be available on this table. CEIC calculates Government Debt as % of Nominal GDP from annual Government Debt and annual Nominal GDP. The State Bank of Pakistan provides Government Debt in local currency. The Pakistan Bureau of Statistics provides Nominal GDP in local currency. Government Debt covers Federal Government only. Government Debt as % of Nominal GDP is in annual frequency, ending in June of each year.
  • The country's Nominal GDP reached 407.2 USD bn in Jun 2025.
  • View Pakistan's Government Debt: % of GDP from 2000 to 2025 in the chart:

    Pakistan Government Debt: % of GDP

    What was Pakistan's Government Debt: % of GDP in 2025?

    Pakistan Government debt accounted for 68.4 % of the country's Nominal GDP in Jun 2025, compared with the ratio of 65.4 % in the previous year. See the table below for more data.

    Last Previous Min Max Unit Frequency Range
    68.4 2025 65.4 2024 41.4 2007 73.5 2020 % yearly 2000 - 2025

    Government Debt: % of GDP by Country Comparison

    country/region Last Frequency Range
    Albania (%) 53.6 Jun 2025 quarterly Sep 2010 - Jun 2025
    Algeria (%) 47.8 2024 yearly 1997 - 2024
    Argentina (%) 73.3 Jun 2025 quarterly Dec 2004 - Jun 2025
    Armenia (%) 50.3 Sep 2025 quarterly Dec 2013 - Sep 2025
    Australia (%) 38.3 2024 yearly 1999 - 2024
    Austria (%) 82.3 Jun 2025 quarterly Mar 2000 - Jun 2025
    Azerbaijan (%) 16.8 2021 yearly 2008 - 2021
    Bahrain (%) 96.6 Jun 2025 quarterly Dec 2007 - Jun 2025
    Bangladesh (%) 23.8 2025 yearly 2010 - 2025
    Belarus (%) 35.9 Mar 2022 quarterly Dec 2003 - Mar 2022
    Belgium (%) 106.2 Jun 2025 quarterly Dec 1980 - Jun 2025
    Bolivia (%) 27.2 2014 yearly 1998 - 2014
    Bosnia and Herzegovina (%) 18.7 2024 yearly 2007 - 2024
    Botswana (%) 27.6 Jun 2025 quarterly Jun 2014 - Jun 2025
    Brazil (%) 77.8 Sep 2025 quarterly Dec 2006 - Sep 2025
    Bulgaria (%) 26.3 Jun 2025 quarterly Mar 2007 - Jun 2025
    Cambodia (%) 26.0 2024 yearly 2013 - 2024
    Canada (%) 69.3 2025 yearly 1962 - 2025
    Chile (%) 43.3 Jun 2025 quarterly Mar 2002 - Jun 2025
    China (%) 27.6 Jun 2025 quarterly Mar 2014 - Jun 2025
    Colombia (%) 64.0 Jun 2025 quarterly Dec 2005 - Jun 2025
    Croatia (%) 57.5 Jun 2025 quarterly Dec 1995 - Jun 2025
    Cyprus (%) 60.5 Sep 2025 quarterly Dec 2010 - Sep 2025
    Czech Republic (%) 43.8 Jun 2025 quarterly Mar 2000 - Jun 2025
    Denmark (%) 29.6 Jun 2025 quarterly Mar 2000 - Jun 2025
    Ecuador (%) 65.5 Jun 2025 quarterly Dec 2005 - Jun 2025
    Egypt (%) 63.3 Jun 2025 quarterly Jun 2006 - Jun 2025
    Estonia (%) 23.2 Jun 2025 quarterly Mar 2000 - Jun 2025
    European Union (%) 81.9 Jun 2025 quarterly Mar 2000 - Jun 2025
    Finland (%) 88.5 Jun 2025 quarterly Mar 2000 - Jun 2025
    France (%) 110.6 Dec 2023 quarterly Dec 1995 - Dec 2023
    Georgia (%) 35.3 Jun 2025 quarterly Mar 2006 - Jun 2025
    Germany (%) 62.3 Jun 2025 quarterly Mar 2000 - Jun 2025
    Ghana (%) 61.8 2024 yearly 2006 - 2024
    Greece (%) 151.2 Jun 2025 quarterly Dec 1999 - Jun 2025
    Hong Kong SAR, China (%) 49.1 2024 yearly 2003 - 2024
    Hungary (%) 75.1 Sep 2025 quarterly Dec 1990 - Sep 2025
    Iceland (%) 60.3 2024 yearly 1998 - 2024
    India (%) 56.5 Jun 2025 quarterly Mar 2012 - Jun 2025
    Indonesia (%) 39.2 Dec 2024 quarterly Jun 2015 - Dec 2024
    Iran (%) 5.4 Mar 2025 quarterly Mar 1998 - Mar 2025
    Ireland (%) 33.4 Jun 2025 quarterly Mar 2000 - Jun 2025
    Israel (%) 66.5 2024 yearly 1995 - 2024
    Italy (%) 138.0 Sep 2025 quarterly Dec 1995 - Sep 2025
    Ivory Coast (%) 8.6 2015 yearly 1975 - 2015
    Japan (%) 203.0 Sep 2025 quarterly Dec 1994 - Sep 2025
    Jordan (%) 91.3 Jun 2025 quarterly Mar 2002 - Jun 2025
    Kazakhstan (%) 23.0 Dec 2024 quarterly Mar 2005 - Dec 2024
    Kenya (%) 69.0 Jun 2025 quarterly Dec 2009 - Jun 2025
    South Korea (%) 47.0 Jun 2025 quarterly Sep 2002 - Jun 2025
    Kosovo (%) 19.9 2022 yearly 2009 - 2022
    Kuwait (%) 1.1 Jun 2025 quarterly Dec 2010 - Jun 2025
    Kyrgyzstan (%) 44.6 Jun 2025 quarterly Mar 2011 - Jun 2025
    Latvia (%) 48.0 Jun 2025 quarterly Mar 2000 - Jun 2025
    Lebanon (%) 23.6 2022 yearly 1998 - 2022
    Lithuania (%) 39.1 Jun 2025 quarterly Mar 2000 - Jun 2025
    Luxembourg (%) 25.1 Jun 2025 quarterly Dec 1997 - Jun 2025
    North Macedonia (%) 53.4 Jun 2025 quarterly Dec 2009 - Jun 2025
    Malawi (%) 66.0 2014 yearly 2010 - 2014
    Malaysia (%) 66.1 Sep 2025 quarterly Dec 2010 - Sep 2025
    Malta (%) 46.8 Jun 2025 quarterly Mar 2000 - Jun 2025
    Mauritius (%) 80.6 Sep 2025 quarterly Jun 2003 - Sep 2025
    Mexico (%) 60.2 Sep 2025 quarterly Dec 2005 - Sep 2025
    Moldova (%) 38.0 Jun 2025 quarterly Mar 2007 - Jun 2025
    Mongolia (%) 38.6 Jun 2025 quarterly Dec 2017 - Jun 2025
    Montenegro (%) 58.3 Sep 2025 quarterly Dec 2010 - Sep 2025
    Morocco (%) 71.4 2022 yearly 1994 - 2022
    Nepal (%) 39.9 2021 yearly 1990 - 2021
    Netherlands (%) 42.7 Jun 2025 quarterly Dec 1999 - Jun 2025
    New Zealand (%) 46.7 Jun 2025 quarterly Dec 2006 - Jun 2025
    Nigeria (%) 37.5 Jun 2025 quarterly Dec 2010 - Jun 2025
    Norway (%) 53.3 2024 yearly 1995 - 2024
    Oman (%) 35.4 2024 yearly 1990 - 2024
    Pakistan (%) 68.4 2025 yearly 2000 - 2025
    Palestinian Territory (%) 151.6 Jun 2025 quarterly Dec 2010 - Jun 2025
    Panama (%) 63.7 Jun 2025 quarterly Dec 2007 - Jun 2025
    Paraguay (%) 38.3 Jun 2025 quarterly Dec 2014 - Jun 2025
    Peru (%) 31.0 Sep 2025 quarterly Mar 1999 - Sep 2025
    Philippines (%) 63.1 Sep 2025 quarterly Mar 1993 - Sep 2025
    Poland (%) 58.1 Sep 2025 quarterly Mar 2000 - Sep 2025
    Portugal (%) 97.4 Sep 2025 quarterly Dec 1995 - Sep 2025
    Qatar (%) 15.0 2012 yearly 2006 - 2012
    Romania (%) 57.3 Jun 2025 quarterly Dec 2011 - Jun 2025
    Russia (%) 15.2 Sep 2025 quarterly Dec 2011 - Sep 2025
    Saudi Arabia (%) 30.8 Sep 2025 quarterly Dec 2016 - Sep 2025
    Serbia (%) 43.7 Sep 2025 quarterly Sep 2004 - Sep 2025
    Singapore (%) 173.4 Sep 2025 quarterly Mar 1990 - Sep 2025
    Slovakia (%) 63.2 Mar 2025 quarterly Mar 2000 - Mar 2025
    Slovenia (%) 69.3 Jun 2025 quarterly Dec 1999 - Jun 2025
    South Africa (%) 78.9 Sep 2025 quarterly Dec 1960 - Sep 2025
    Spain (%) 103.2 Sep 2025 quarterly Mar 1995 - Sep 2025
    Sri Lanka (%) 95.7 Jun 2025 quarterly Mar 2014 - Jun 2025
    Sweden (%) 33.3 Jun 2025 quarterly Mar 1996 - Jun 2025
    Switzerland (%) 23.0 2028 yearly 1990 - 2028
    Taiwan, China (%) 29.0 2023 yearly 1996 - 2023
    Tajikistan (%) 36.3 2021 yearly 1999 - 2021
    Thailand (%) 58.3 Sep 2025 quarterly Dec 1997 - Sep 2025
    Tunisia (%) 81.2 2024 yearly 2016 - 2024
    Turkey (%) 24.1 Jun 2025 quarterly Dec 2001 - Jun 2025
    Ukraine (%) 89.9 Jun 2025 quarterly Dec 2010 - Jun 2025

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    Pakistan Key Series

    Government and Public Finance Last Frequency Range
    Consolidated Fiscal Balance: % of GDP (%) -2.6 2025 yearly 2000 - 2025
    Consolidated Fiscal Balance (USD mn) -22,771.776 2024 yearly 1991 - 2024
    Tax Revenue (USD mn) 11,154.097 Sep 2025 quarterly Sep 2000 - Sep 2025
    Tax Revenue: % of GDP (%) 10.4 2024 yearly 2001 - 2024
    Government Debt: % of GDP (%) 68.4 2025 yearly 2000 - 2025
    Forecast: Government Expenditure (PKR bn) 36,607.668 2030 yearly 1993 - 2030
    Forecast: Government Net Debt (PKR bn) 117,452.692 2030 yearly 1994 - 2030
    Forecast: Government Revenue (PKR bn) 31,090.918 2030 yearly 1980 - 2030
    CG Revenue: ytd: Tax (PKR mn) 6,067,480.000 Dec 2024 quarterly Sep 2000 - Dec 2024
    Consolidated Govt (CG) Revenue: ytd (PKR mn) 9,763,762.000 Dec 2024 quarterly Sep 2000 - Dec 2024
    Consolidated Govt Revenue: Tax: Federal: Direct Tax (PKR mn) 3,264,705.000 2024 yearly 2016 - 2024
    CG Expenditure: ytd: Current (PKR mn) 10,118,257.000 Dec 2024 quarterly Sep 2000 - Dec 2024
    Consolidated Govt (CG) Expenditure: ytd (PKR mn) 11,301,653.000 Dec 2024 quarterly Sep 2000 - Dec 2024
    Foreign Trade Last Frequency Range
    Forecast: Exports of Goods Growth (%) 7.519 2030 yearly 1980 - 2030
    Trade Balance (USD mn) -3,282.8 Oct 2025 monthly Jan 1968 - Oct 2025
    Total Exports (USD mn) 2,848.5 Oct 2025 monthly Jan 1996 - Oct 2025
    Total Exports Growth (%) -3.3 Oct 2025 monthly Dec 1988 - Oct 2025
    Aluminum: Exports (USD th) 58,779.396 2024 yearly 1995 - 2024
    Exports: Medicament (USD th) 416,145.994 2024 yearly 1995 - 2024
    Exports: Medicinal and Pharmaceutical Product (USD th) 6,363.995 2024 yearly 1995 - 2024
    Total Imports (USD mn) 6,131.4 Oct 2025 monthly Jan 1996 - Oct 2025
    Total Imports Growth (%) 36.1 Oct 2025 monthly Dec 1988 - Oct 2025
    Imports: Medicament (USD th) 407,131.495 2024 yearly 1995 - 2024
    Imports: Medicinal and Pharmaceutical Product (USD th) 640,419.546 2024 yearly 1995 - 2024
    Total Exports to USA (USD mn) 424.539 Oct 2022 monthly Jan 1969 - Oct 2022
    Total Imports from USA (USD mn) 190.418 Oct 2025 monthly Jan 2006 - Oct 2025
    Total Exports to China (USD mn) 226.384 Oct 2025 monthly Jan 2006 - Oct 2025
    Total Imports from China (USD mn) 1,527.113 Oct 2025 monthly Jan 2006 - Oct 2025
    Exports: Petroleum & Coal (PKR mn) 68,492.601 Oct 2025 monthly Sep 1999 - Oct 2025
    Trade Balance: USD (USD mn) -3,192.00 Jul 2018 monthly Jan 1996 - Jul 2018
    Balance of Payments Last Frequency Range
    Direct Investment Abroad (USD mn) 85.0 Sep 2025 quarterly Sep 2002 - Sep 2025
    Current Account Balance (USD mn) -621.0 Sep 2025 quarterly Mar 1976 - Sep 2025
    Current Account Balance: % of GDP (%) 0.5 2025 yearly 1977 - 2025
    Foreign Direct Investment (USD mn) 178.9 Oct 2025 monthly Jul 1997 - Oct 2025
    Foreign Direct Investment: % of GDP (%) 0.6 2025 yearly 1977 - 2025
    Foreign Portfolio Investment (USD mn) -631.000 Sep 2025 quarterly Sep 2002 - Sep 2025
    Foreign Portfolio Investment: % of GDP (%) -0.1 2024 yearly 2003 - 2024
    Foreign Portfolio Investment: Equity Securities (USD mn) -120.0 Sep 2025 quarterly Sep 2002 - Sep 2025
    Foreign Portfolio Investment: Debt Securities (USD mn) -511.000 Sep 2025 quarterly Sep 2002 - Sep 2025
    External Debt (USD mn) 134,481.6 Sep 2025 quarterly Jun 2006 - Sep 2025
    External Debt: % of GDP (%) 33.1 2025 yearly 2000 - 2025
    External Debt: Short Term (USD mn) 2,052.5 Sep 2025 quarterly Jun 2006 - Sep 2025
    External Debt: Short Term: % of GDP (%) 0.8 2025 yearly 2006 - 2025
    Forecast: Current Account Balance (USD bn) -1.695 2024 yearly 1980 - 2024
    Net International Investment Position (USD mn) -130,570.723 Jun 2025 quarterly Mar 2009 - Jun 2025
    Workers' Remittances (USD mn) 3,188.886 Nov 2025 monthly Jul 1972 - Nov 2025
    BoP: CA: Primary Income (PI) (USD mn) -2,480.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: Cr: CA: GS: Goods (USD mn) 8,827.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: Debit: Current Account (CA) (USD mn) 19,466.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: FA: Portfolio Investment: Assets (USD mn) 0.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: CA: Secondary Income (USD mn) 9,472.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: Credit: Current Account (CA) (USD mn) 20,774.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: FA: Portfolio Investment: Liabilities (USD mn) -214.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: Dr: CA: GS: Goods (USD mn) 13,607.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: Errors and Omissions (USD mn) 13.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: FA: Other Investment (OI): Liabilities (USD mn) -67.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: FA: Other Investment (OI) (USD mn) 529.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: FA: Direct Investment: Assets (USD mn) -9.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: Financial Account (FA) (USD mn) 213.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: FA: Reserve Assets (RA) (USD mn) 1,131.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: FA: Other Investment (OI): Assets (USD mn) 462.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: CA: GS: Goods (USD mn) -4,780.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: Cr: CA: Primary Income (PI) (USD mn) 271.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: Capital Account (CP) (USD mn) 24.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: Financial Account (FA): Liabilities (USD mn) 11.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: Cr: CA: GS: Services (USD mn) 2,146.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: Dr: Capital Account (CP) (USD mn) 8.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: Dr: CA: GS: Services (USD mn) 2,854.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: FA: Portfolio Investment (USD mn) 214.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: FA: Financial Derivatives & Employee Stock Options (USD mn) 1.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: Dr: CA: Secondary Income (USD mn) 200.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: Cr: CA: Secondary Income (USD mn) 9,672.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: Dr: CA: Primary Income (PI) (USD mn) 2,751.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: CA: GS: Services (USD mn) -708.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: Financial Account (FA): Assets (USD mn) 1,525.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: FA: Direct Investment (USD mn) -531.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    BoP: Cr: Capital Account (CP) (USD mn) 32.000 Dec 2024 quarterly Sep 2002 - Dec 2024
    IIP: Assets (USD mn) 24,765.385 2023 yearly 2014 - 2023
    IIP: Liabilities (USD mn) 154,703.192 2023 yearly 2014 - 2023
    International Investment Position (IIP): Net (USD mn) -129,937.808 2023 yearly 2014 - 2023
    External Debt: Private Sector (USD mn) 12,183.048 Dec 2024 quarterly Jun 2006 - Dec 2024
    External Debt: Public (USD mn) 98,330.884 Dec 2024 quarterly Jun 2006 - Dec 2024
    Foreign Investment: Direct Investment: Outflow: United States (USD mn) 1.505 Jan 2025 monthly Jul 2012 - Jan 2025
    Foreign Investment: Direct Investment: Hong Kong (USD mn) 20.387 Jan 2025 monthly Jul 2001 - Jan 2025
    Foreign Investment: Direct Investment: Italy (USD mn) 2.152 Jan 2025 monthly Jul 2011 - Jan 2025
    Foreign Investment: Direct Investment: Outflow: United Kingdom (USD mn) 1.367 Jan 2025 monthly Jul 2012 - Jan 2025
    Foreign Investment: Direct Investment: Outflow: China (USD mn) 2.740 Jan 2025 monthly Jul 2012 - Jan 2025
    Foreign Investment: Direct Investment: United States (USD mn) 10.549 Jan 2025 monthly Jul 2001 - Jan 2025
    Foreign Investment: Direct Investment: Switzerland (USD mn) 15.679 Jan 2025 monthly Jul 2001 - Jan 2025
    Foreign Investment: Direct Investment: United Kingdom (USD mn) 18.111 Jan 2025 monthly Jul 2001 - Jan 2025
    Foreign Investment: Direct Investment: Outflow: U.A.E (USD mn) 2.861 Jan 2025 monthly Jul 2012 - Jan 2025
    Foreign Investment: Direct Investment: Outflow: Saudi Arabia (USD mn) 0.411 Jan 2025 monthly Jul 2012 - Jan 2025
    FDI: Chemicals (USD mn) 0.905 Nov 2024 monthly Jul 2001 - Nov 2024
    FDI: Food (USD mn) 6.135 Jan 2025 monthly Jul 2001 - Jan 2025
    FDI: Tobacco & Cigarettes (USD mn) 7.021 Nov 2024 monthly Jul 2001 - Nov 2024
    Monetary Last Frequency Range
    Non Performing Loans Ratio (%) 6.6 Sep 2025 quarterly Mar 2006 - Sep 2025
    Non-Performing Loans (USD mn) 3,427.370 Sep 2025 quarterly Sep 2003 - Sep 2025
    Money Supply M1 (USD mn) 46,329.899 Sep 2025 monthly Jan 1988 - Sep 2025
    Money Supply M2 (USD mn) 142,813.247 Sep 2025 monthly Jan 1988 - Sep 2025
    M2 Growth (%) 12.9 Sep 2025 monthly Jan 1989 - Sep 2025
    Reserve Requirement Ratio (%) 5.0 Nov 2025 monthly Jul 2006 - Nov 2025
    Foreign Exchange Reserves (USD mn) 19,127.8 Oct 2025 monthly Jan 1959 - Oct 2025
    Foreign Exchange Reserves: % of GDP (%) 5.000 Nov 2025 monthly Jul 2006 - Nov 2025
    Foreign Exchange Reserves: Months of Import (NA) 3.1 Oct 2025 monthly Jan 1996 - Oct 2025
    Gold Reserves (USD mn) 8,352.130 Oct 2025 monthly Dec 1956 - Oct 2025
    Total Deposits (USD mn) 111,576.396 2024 yearly 1997 - 2024
    Total Deposits Growth (%) 13.8 2024 yearly 1998 - 2024
    Domestic Credit (USD mn) 179,313.9 Oct 2025 monthly Jun 2008 - Oct 2025
    Domestic Credit Growth (%) 8.4 Oct 2025 monthly Jun 2009 - Oct 2025
    Total Loans (USD mn) 46,523.692 Oct 2025 monthly Sep 2007 - Oct 2025
    Total Loans Growth (%) -1.85 Oct 2025 monthly Sep 2008 - Oct 2025
    Private Debt: % of Nominal GDP (%) 9.60 2024 yearly 2005 - 2024
    ORA: Foreign Currency Reserves (FCR) (USD mn) 8,722.664 Oct 2025 monthly Oct 2003 - Oct 2025
    Money Supply M0: Reserve Money (PKR mn) 11,753,217.861 Jan 2025 monthly Jan 2005 - Jan 2025
    ORA: Gold Including Gold Deposits and Gold Swapped (USD mn) 2,711.52 May 2018 monthly Oct 2003 - May 2018

    More Indicators for Pakistan

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